05 — Fees
Fees
Perpetual fees are Hyperliquid's, read live for your own account. The app prices the fee before the order is placed rather than after it fills.
Maker and taker #
Two rates, depending on which side of the spread your order lands on. A maker adds resting liquidity to the book; a taker crosses the spread to fill against what is already there. At Hyperliquid's base tier:
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0.015%
Maker, base tier
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0.045%
Taker, base tier
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Your own rate
Read from Hyperliquid for your account
The trade panel works out which side your order will land on — a market order and a crossing limit are taker; a post-only order can only ever be maker — and shows the fee before you place it.
Volume tiers #
Both rates fall with volume, measured over a rolling 14 days. Rather than reprint a schedule that can change, the app reads Hyperliquid's published tier table live and shows it in full, beside your own current rate and your own 14-day volume — so what you are looking at is the live schedule, not a copy of it.
- Where the table comes from
- Hyperliquid's own published fee schedule, fetched for your account.
- What moves you down it
- Your trailing 14-day volume.
- What the app shows
- The whole tier table, your current maker and taker rate, and your 14-day volume.
The builder fee #
Hyperliquid lets a front end add a builder fee on top of the venue's own, collected with it. On Oddsy this is configurable: it may be off entirely, and when it is on, the rate in force is shown to you.
How it appears
Its own line, and inside the all-in figure
- It is broken out as its own line in the fee breakdown, never folded silently into the venue's rate.
- When it is on, it is included in the all-in figure the trade panel shows, so the total is the total.
- It is approved once per account, by that account itself, and the approval records a ceiling.
- If that approval does not go through, the order is placed without the builder fee rather than failing.
Other costs #
Fees on a fill are not the only money that leaves. Moving funds costs something too, and it is quoted on the screen where it applies.
- The transactions you sign on Avalanche carry that chain's own network cost.
- Relay charges for the route it quotes; the fee and the expected delivery are both shown before you sign.
- Perpetuals carry funding between longs and shorts, as the venue applies it.